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Ethel Austin

Ethel Austin has been bought out of administration by Elaine McPherson, saving 200 jobs at the Merseyside-based chain of discount fashion stores. 20-May-2008

Ethel Austin has secured a £5m cash injection that will be used to fund a marketing campaign, refurbish its 307 value clothing stores and open three new outlets next year. 16-Oct-2007

Ethel Austin is investing £5.6m in the refurbishment of its chain of 310 discount stores, and has already completed 40 sites. 28-Jun-2006

Bibby Distribution has won a £5m contract to handle discount clothing chain Ethel Austin's nationwide haulage operation. 09-Aug-2004

Ethel Austin has been acquired by ABN Amro for £122m, and plans to expand its chain of 271 discount clothing stores to 470 over the next five years. 14-Jun-2004

Ethel Austin is to open 40 discount clothing stores a year until 2009, and is currently in exclusive takeover talks with ABN Amro Capital. 27-May-2004

Ethel Austin is to open discount clothing outlets at 20 Co-op stores across the country next year, and a further 20 stand-alone stores will open before the end of this year. 26-Sep-2003

Ethel Austin is planning to open eight value clothing stores over the next six months, taking its chain to 250. 02-Jun-2003

Ethel Austin has awarded a multi-million pound contract to Bibby Distribution for the delivery of products to its nationwide chain of clothing stores. 11-Jul-2002

Ethel Austin is planning to open a further 100 discount clothing stores following its recent acquisition by Lloyds TSB Development Capital, and the business is expected to be sold to a trade buyer or floated in three years time. 27-Jun-2002

Ethel Austin, the discount clothing retailer with 238 outlets, is to undergo a £45m management buy-out backed by Lloyds TSB Development Capital. 21-Jun-2002

Ethel Austin is planning to open a further 20 discount clothing stores in major cities throughout the country, to add to the existing 240. 28-Feb-2002


More from the Retailing sector

Related pages:
Feather & Black
OKA
Paperchase
MFI
Au Naturale

Ethel Austin website: www.ethelaustin.co.uk

The information on this page comes from the UK Activity Report.
Click here for further details












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